Press Releases
Basin Street Properties Adds Four New Tenants
to its Petaluma Marina Business Center
Petaluma, CALIF. — Jan. 20, 2012 — Basin Street Properties (www.basin-street.com), a prominent Northern Nevada and Northern California real estate investor of commercial and mixed-use properties, has signed four leases at its Petaluma Marina Business Center. The Class A Petaluma Marina Business Center is comprised of three, three-story office buildings totaling 116,380 square feet.
“We are pleased to see the addition of four new tenants to the Petaluma Marina Business Center, a sign of the continued economic resurgence of Petaluma and the North Bay and a testament to our ability to provide real estate solutions for a diverse range of businesses,” said Scott Stranzl, vice president of leasing at Basin Street Properties. “This property offers premium non-corporate-like space options for smaller organizations and enables them to experience the tranquil workplace environment of the Petaluma River Marina. It’s a very unique and luxurious-feeling property.”
Mike Thomason of Keegan & Coppin Company, Inc. represents Basin Street in leasing the Petaluma Marina Business Center. New tenants include the following:
- Cellular World, an AT&T wireless provider, engaged in a three-year lease for 2,200 square feet. Located on 765 Baywood Dr., the lease commenced on Jan. 15.
- H.M. Vreeland and Son Insurance Agency, a surety bonding service company, signed a three-year lease for 941 square feet at 755 Baywood Dr. The lease commenced on Jan. 1.
- Grade A Tutoring Center, a K-12 tutoring center, will lease 1,072 square feet for three years at 765 Baywood Dr., which commenced on Jan. 1.
- Hanford ARC, a habitat restoration and landscaping company, signed a one-year lease for 842 square feet at 775 Baywood Dr. The lease commenced on Nov. 1.
The Petaluma Marina Business Center is situated adjacent to the Petaluma River and the 183-room, award winning Petaluma – Sheraton Hotel, which is part of Basin Street Hospitality. The property has convenient access to and visibility from U.S. Highway 101 and boasts views of the nearby foothills. Basin Street recently pursued a number of capital improvement projects within the complex, including landscaping, signage and exterior and interior upgrades.
In addition to the Petaluma Marina Business Center, Basin Street’s North Bay portfolio of premier commercial properties includes: Basin Street Landing, Fountaingrove Executive Center, Harvest Business Center, Napa Valley Gateway, Oak Valley Business Center, Petaluma Theatre District and Redwood Business Park. Additionally, the company owns Stone Point Plaza, California Center and Capital Oaks in the Sacramento region. Basin Street’s property offerings in Northern California total more than 1.5 million square feet.
About Basin Street Properties
Basin Street Properties is one of Northern Nevada’s and Northern California’s prominent developers, investors and managers of commercial properties. Basin Street has become widely recognized for its office, retail and mixed use developments. Founded more than 30 years ago, the company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information, visit www.basin-street.com.
